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Compare Savings Rates in Washington – March 2026

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Current Washington Savings Rates and MMA Rates

For those in Washington, Responders Emergency Services Credit Union lists a Savings Account at 12.00%. Whatcom Educational Credit Union has a First Step (Youth) Savings available at 7.00% APY (min deposit $1). Current rates from Alaska Air Group Federal Credit Union include a Youth Savings at 6.14% APY. Red Canoe Credit Union has a Round Up Savings available at 6.00% APY (min deposit $0).

Find the best savings and money market rates in Washington today. Our real-time rate table below compares offers from top lenders to help you grow your savings. Whether you are looking for a traditional savings account or a high-yield option in WA, comparing APYs is the best way to maximize your interest earnings.

The following rates reflect recent market quotes and representative offers available to Washington depositors. Actual savings rates may vary by financial institution and market conditions.

Last Updated and Verified: March 5, 2026

Savings Rates in Washington and Area

  • Savings Account:
    12.00%
  • First Step (Youth) Savings:
    7.00%
  • Youth Savings:
    6.14%
  • Round Up Savings:
    6.00%
  • Stash (Emergency) Savings:
    6.00%

Rates shown are recent market averages and representative quotes. Actual rates may vary.

Last Updated and Verified: March 5, 2026

Best Washington and Area Savings Rates & Money Market Rates

Bank / Credit Union
Product
APY
Min Deposit
Responders Emergency Services Credit Union Spokane, WA
Savings Account
12.00%
$0
Rate 12.00%
Min Deposit $0
Last Updated 03/05/2026
Details Dividends Paid Monthly; Maximum Balance $1,200

Whatcom Educational Credit Union Sedro Woolley, WA
First Step (Youth) Savings
7.00%
$1
Rate 7.00%
Min Deposit $1
Last Updated 03/05/2026
Details on first $500

Alaska Air Group Federal Credit Union SEATAC, WA
Youth Savings
6.14%
$0
Rate 6.14%
Min Deposit $0
Last Updated 03/05/2026
Details

Red Canoe Credit Union Woodland, WA
Round Up Savings
6.00%
$0
Rate 6.00%
Min Deposit $0
Last Updated 03/05/2026
Details $0 - $1,000

Whatcom Educational Credit Union Sedro Woolley, WA
Stash (Emergency) Savings
6.00%
$1
Rate 6.00%
Min Deposit $1
Last Updated 03/05/2026
Details on first $2500

Peoples Bank (WA) Wenatchee, WA
Youth Savings Balances up to & including
5.50%
$0
Rate 5.50%
Min Deposit $0
Last Updated 03/05/2026
Details $1,000

Connection Credit Union Silverdale, WA
Youth Money Market
5.12%
$1
Rate 5.12%
Min Deposit $1
Last Updated 03/05/2026
Details

Spokane Teachers Credit Union Walla Walla, WA
First5 Savings
5.10%
$0
Rate 5.10%
Min Deposit $0
Last Updated 03/05/2026
Details Balances above $500 earn 0.25% APY. Rate is subject to change and may change after the account is opened. STCU membership is required to open account and fees may reduce earnings. One First5 Savings Account per person.

Gesa Credit Union Yakima, WA
Explorer Savings
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details On the first $0 - $500 balance.?

Spokane City Credit Union Spokane, WA
NexGen Savings
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details NexGen Savings will earn 5.0% APY on the first $1,000. Balances above $1,000 will earn our regular savings rate.

Gesa Credit Union Yakima, WA
SmartPlus Savings
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details On your first qualified $500 in balances.

Nordstrom Federal Credit Union Seattle, WA
Youth Savings Accounts
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details Balance: 0-$500

Nordstrom Federal Credit Union Seattle, WA
Youth Savings Accounts - Balance 0
5.00%
$0
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details $500

Meriwest Credit Union Redmond, WA
Premier Savings
4.50%
$0
Rate 4.50%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 4.50% APY on balances $100 to $10,000; 4.50%-2.90% APY on $10,001 - $50,000.99; 2.90%-2.20% APY on $50,001+

Waterfront Federal Credit Union Seattle, WA
High-Yield Savings Account
4.07%
$5,000
Rate 4.07%
Min Deposit $5,000
Last Updated 03/05/2026
Details

Cascade Federal Credit Union Vancouver, WA
Youth Savings
4.06%
$0
Rate 4.06%
Min Deposit $0
Last Updated 03/05/2026
Details

Verity Credit Union Seattle, WA
Max My Savings
4.00%
$0
Rate 4.00%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 4.00% APY on balances $0-$50,000

Safeway Federal Credit Union Spokane, WA
Money Market
4.00%
$0
Rate 4.00%
Min Deposit $0
Last Updated 03/05/2026
Details Minimum balance to earn interest $5,000. Member is allowed 3 transactions per month to retain Money Market interest rate.

Seattle Metropolitan Credit Union Tukwila, WA
Youth Savings
4.00%
$0
Rate 4.00%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 4.00% APY on balances $0 - $499.99

Qualstar Credit Union Tacoma, WA
Premier Money Market
3.51%
$1,000
Rate 3.51%
Min Deposit $1,000
Last Updated 03/05/2026
Details

Sound Community Bank University Place, WA
Business Premier Money Market
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details

Potlatch No 1 Financial Credit Union Walla Walla, WA
Money Market Account
3.49%
$0
Rate 3.49%
Min Deposit $0
Last Updated 03/05/2026
Details Qualifying Bump Rate

Sunflower Bank Spokane, WA
Thrive Money Market & Above
3.45%
$0
Rate 3.45%
Min Deposit $0
Last Updated 03/05/2026
Details $24,999.01

Potlatch No 1 Financial Credit Union Walla Walla, WA
Money Market Account
3.39%
$0
Rate 3.39%
Min Deposit $0
Last Updated 03/05/2026
Details Qualifying Bump Rate

First Fed Bank Silverdale, WA
Rewards Savings
3.35%
$25
Rate 3.35%
Min Deposit $25
Last Updated 03/05/2026
Details Qualifying balances** less than $50,000

First Fed Bank Silverdale, WA
Rewards Savings - Qualifying balances >=
3.35%
$25
Rate 3.35%
Min Deposit $25
Last Updated 03/05/2026
Details $50,000; Qualifying balances** >= $50,000

First Fed Bank Silverdale, WA
Rewards Savings - Qualifying balances less than
3.35%
$25
Rate 3.35%
Min Deposit $25
Last Updated 03/05/2026
Details $50,000; Qualifying balances** less than $50,000

Cornerstone Capital Bank, SSB Silverdale, WA
Digital High-Yield Savings
3.30%
$50
Rate 3.30%
Min Deposit $50
Last Updated 03/05/2026
Details

Seattle Metropolitan Credit Union Tukwila, WA
High Yield Savings
3.30%
$1,000
Rate 3.30%
Min Deposit $1,000
Last Updated 03/05/2026
Details Minimum Opening Deposit $1,000.00 initially and $25,000.00 New Money within 30 days**

Seattle Metropolitan Credit Union Tukwila, WA
High Yield Savings Account
3.30%
$1,000
Rate 3.30%
Min Deposit $1,000
Last Updated 03/05/2026
Details New Money is defined as money that has not been on deposit at the credit union in the past 30 days when the account is opened. The Credit Union may adjust a deposit to the Membership Savings account if a new money requirement is not met within 30 days of account opening.

Potlatch No 1 Financial Credit Union Walla Walla, WA
Money Market Account
3.29%
$0
Rate 3.29%
Min Deposit $0
Last Updated 03/05/2026
Details Qualifying Bump Rate

Sound Community Bank University Place, WA
Business Premier Money Market
3.25%
$0
Rate 3.25%
Min Deposit $0
Last Updated 03/05/2026
Details

IQ Credit Union Washougal, WA
High Yield Savings
3.25%
$0
Rate 3.25%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 3.25% APY on balances $1,000,000+

Idaho Central Credit Union Spokane Valley, WA
High-Yield Online Savings Account
3.25%
$0
Rate 3.25%
Min Deposit $0
Last Updated 03/05/2026
Details

HAPO Community Credit Union Yakima, WA
Money Market
3.25%
$0
Rate 3.25%
Min Deposit $0
Last Updated 03/05/2026
Details $5,000,000 & Above

1st Security Bank of Washington White Salmon, WA
Nonprofit Savings
3.25%
$2,500
Rate 3.25%
Min Deposit $2,500
Last Updated 03/05/2026
Details $100,000 and greater; Relationship Account required.

Kitsap Credit Union Silverdale, WA
Premium Money Market
3.25%
$2,500
Rate 3.25%
Min Deposit $2,500
Last Updated 03/05/2026
Details $2,500 minimum opening deposit.

HSBC Bank USA Seattle, WA
Premier Relationship Savings Relationship
3.20%
$1
Rate 3.20%
Min Deposit $1
Last Updated 03/05/2026
Details

1st Security Bank of Washington White Salmon, WA
1st Rate Money Market
3.15%
$100,000
Rate 3.15%
Min Deposit $100,000
Last Updated 03/05/2026
Details Opening account balance cannot exceed $240,000 per account. Current customers may open this account by logging in to online banking. Non-customers must visit their local branch to open this account. Minimum opening deposit for the 1st Rate Money Market requires $50,000 in new money and can be combined with other funds on deposit at the bank. New money is defined as funds from another institution.

Sound Community Bank University Place, WA
Momentum Money Market
3.15%
$0
Rate 3.15%
Min Deposit $0
Last Updated 03/05/2026
Details

Salal Credit Union Tukwila, WA
Money Market
3.10%
$0
Rate 3.10%
Min Deposit $0
Last Updated 03/05/2026
Details Minimum Daily Balance Requirement: $100,000.00 - $249,999.99

OlyFed Olympia Federal S&L Yelm, WA
Business Premium Money Market Account Tier 7
3.09%
$50,000
Rate 3.09%
Min Deposit $50,000
Last Updated 03/05/2026
Details

Armed Forces Bank Mcchord Afb, WA
Premier Money Market
3.05%
$0
Rate 3.05%
Min Deposit $0
Last Updated 03/05/2026
Details APY for 6 months

Sunflower Bank Spokane, WA
Thrive Money Market & Below
3.05%
$0
Rate 3.05%
Min Deposit $0
Last Updated 03/05/2026
Details $24,999.00

Sound Credit Union Tukwila, WA
High Yield Business Savings
3.04%
$0
Rate 3.04%
Min Deposit $0
Last Updated 03/05/2026
Details

Seattle Metropolitan Credit Union Tukwila, WA
High Yield Savings
3.04%
$1,000
Rate 3.04%
Min Deposit $1,000
Last Updated 03/05/2026
Details Minimum Opening Deposit $1,000.00 initially and $25,000.00 New Money within 30 days**

Seattle Metropolitan Credit Union Tukwila, WA
High Yield Savings Account
3.04%
$1,000
Rate 3.04%
Min Deposit $1,000
Last Updated 03/05/2026
Details New Money is defined as money that has not been on deposit at the credit union in the past 30 days when the account is opened. The Credit Union may adjust a deposit to the Membership Savings account if a new money requirement is not met within 30 days of account opening.

Ukrainian Federal Credit Union Vancouver, WA
Money Market
3.04%
$0
Rate 3.04%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 3.04% APY on balances $250,000.00 - $999,999.99

Progressions Credit Union Spokane, WA
Premium Money Market ("SmartMarket Plus") Accounts
3.03%
$25,000
Rate 3.03%
Min Deposit $25,000
Last Updated 03/05/2026
Details

Sound Community Bank University Place, WA
Apex Money Market
3.00%
$0
Rate 3.00%
Min Deposit $0
Last Updated 03/05/2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Washington directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions' own digital properties and manually verifying the yields daily, we ensure that every savings rate displayed on savingsaccount.monitorbankrates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Washington. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized savings rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield savings accounts from large national institutions available to savers in WA.

Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly based on market conditions, every single savings product listed on our platform features its own specific "last updated" date. This gives you absolute transparency into exactly when that specific yield was confirmed.

Disclaimer: Savings rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions in Washington. It is always advisable to check with the specific financial institution's official website for the most current offers and terms. Last Updated and Verified: March 5, 2026

How to Find the Best Savings Account in Washington

  1. Compare APY (Annual Percentage Yield) The APY determines how much interest you will earn in a year. Unlike simple interest, APY includes compound interest. Always look for the highest APY to maximize your earnings.
  2. Check Minimum Deposit Requirements Some high-yield savings accounts require a large initial deposit (e.g., $5,000 or $10,000) to earn the advertised rate. Ensure you can meet these minimums before applying.
  3. Review Monthly Fees Avoid accounts that charge monthly maintenance fees, as these can eat into your interest earnings. Many online banks and credit unions offer no-fee savings accounts.
  4. Verify FDIC or NCUA Insurance Ensure your money is safe. Banks should be FDIC insured, and Credit Unions should be NCUA insured. This protects your deposits up to $250,000 per depositor.

Frequently Asked Questions for Washington

What are the current savings rates in Washington and the surrounding area
Below is a list of current savings and money market rates available for Washington. We track lenders daily to provide the most up-to-date APY and term information.

Lender / Product
APY
Min Dep
Responders Emergency Services Credit Union
Savings Account
12.00%
$0
Whatcom Educational Credit Union
First Step (Youth) Savings
7.00%
$1
Alaska Air Group Federal Credit Union
Youth Savings
6.14%
$0
Red Canoe Credit Union
Round Up Savings
6.00%
$0
Whatcom Educational Credit Union
Stash (Emergency) Savings
6.00%
$1
Lender / Product
APY
Min Dep
Peoples Bank (WA)
Youth Savings Balances up to & including
5.50%
$0
Connection Credit Union
Youth Money Market
5.12%
$1
Spokane Teachers Credit Union
First5 Savings
5.10%
$0
Gesa Credit Union
Explorer Savings
5.00%
$0
Spokane City Credit Union
NexGen Savings
5.00%
$0
Last Updated and Verified: March 5, 2026
What is a High-Yield Savings Account?
A high-yield savings account is a type of savings account that pays a significantly higher interest rate (APY) than standard savings accounts. These are often offered by online banks that have lower overhead costs than traditional brick-and-mortar banks.
Are online savings accounts safe?
Yes, as long as the online bank is FDIC insured. This provides the same level of protection (up to $250,000 per depositor) as a traditional bank. Always check for the FDIC logo on the bank's website.
Can I withdraw money from a savings account anytime?
Yes, but there are limits. Federal Regulation D used to limit certain withdrawals to 6 per month, though this has been suspended. However, individual banks may still enforce transaction limits or charge fees for excessive withdrawals.
Do savings rates change?
Yes, savings rates are variable and can change at any time based on the Federal Reserve's benchmark interest rates and market conditions. Unlike a CD (Certificate of Deposit), your savings rate is not locked in.

Cities in Washington

Aberdeen
Acme
Addy
Adna
Airway Heights
Albion
Allyn
Almira
Amanda Park
Amboy
Anacortes
Anatone
Anderson Island
Appleton
Ardenvoir
Ariel
Arlington
Ashford
Asotin
Auburn
Bainbridge Island
Baring
Battle Ground
Bay Center
Beaver
Belfair
Bellevue
Bellingham
Belmont
Benge
Benton City
Beverly
Bickleton
Bingen
Black Diamond
Blaine
Blakely Island
Bothell
Bow
Boyds
Bremerton
Brewster
Bridgeport
Brinnon
Brownstown
Brush Prairie
Buckley
Bucoda
Buena
Burbank
Burley
Burlington
Burton
Camano
Camas
Camp Murray
Carbonado
Carlsborg
Carlton
Carnation
Carrolls
Carson
Cashmere
Castle Rock
Cathlamet
Centerville
Centralia
Chattaroy
Chehalis
Chelan
Chelan Falls
Cheney
Chewelah
Chimacum
Chinook
Cinebar
Clallam Bay
Clarkston
Clayton
Cle Elum
Clearlake
Clinton
Colbert
Colfax
College Place
Colton
Colville
Conconully
Concrete
Connell
Conway
Copalis Beach
Copalis Crossing
Cosmopolis
Cougar
Coulee City
Coulee Dam
Coupeville
Cowiche
Creston
Cunningham
Curlew
Curtis
Cusick
Custer
Dallesport
Danville
Darrington
Davenport
Dayton
Deer Harbor
Deer Park
Deming
Desert Aire
Dixie
Doty
Dryden
Dupont
Duvall
East Olympia
East Wenatchee
Easton
Eastsound
Eatonville
Edmonds
Edwall
Elbe
Electric City
Elk
Ellensburg
Elma
Elmer City
Eltopia
Endicott
Entiat
Enumclaw
Ephrata
Ethel
Evans
Everett
Everson
Fairchild Air Force Base
Fairfield
Fall City
Federal Way
Ferndale
Ford
Forks
Four Lakes
Fox Island
Freeland
Freeman
Friday Harbor
Fruitland
Galvin
Garfield
George
Gifford
Gig Harbor
Glenoma
Glenwood
Gold Bar
Goldendale
Goose Prairie
Graham
Grand Coulee
Grandview
Granger
Granite Falls
Grapeview
Grayland
Grays River
Greenacres
Greenbank
Hamilton
Hansville
Harrah
Harrington
Hartline
Hatton
Hay
Hazel Dell North
Heisson
Hobart
Hoodsport
Hooper
Hoquiam
Humptulips
Hunters
Husum
Ilwaco
Inchelium
Index
Indianola
Ione
Issaquah
Joyce
Kahlotus
Kalama
Kapowsin
Keller
Kelso
Kenmore
Kennewick
Kent
Kettle Falls
Keyport
Kingston
Kirkland
Kittitas
Klickitat
La Center
La Conner
La Grande
La Push
Lacey
Lacrosse
Lake Stevens
Lakebay
Lakewood
Lamona
Lamont
Langley
Latah
Laurier
Leavenworth
Lebam
Liberty Lake
Lilliwaup
Lincoln
Lind
Littlerock
Long Beach
Longbranch
Longmire
Longview
Loomis
Loon Lake
Lopez Island
Lummi Island
Lyle
Lyman
Lynden
Lynnwood
Mabton
Malaga
Malden
Malo
Malone
Malott
Manchester
Mansfield
Manson
Maple Falls
Maple Valley
Marblemount
Marcus
Marlin
Marshall
Marysville
Matlock
Mattawa
Mazama
Mccleary
Mckenna
Mead
Medical Lake
Medina
Menlo
Mercer Island
Mesa
Metaline
Metaline Falls
Methow
Mica
Milton
Mineral
Moclips
Mohler
Monitor
Monroe
Montesano
Morton
Moses Lake
Mossyrock
Mount Vernon
Mountlake Terrace
Moxee
Mukilteo
Naches
Nahcotta
Napavine
Naselle
Neah Bay
Neilton
Nespelem
Newman Lake
Newport
Nine Mile Falls
Nooksack
Nordland
North Bend
North Bonneville
North Lakewood
Northport
Oak Harbor
Oakesdale
Oakville
Ocean Park
Ocean Shores
Odessa
Okanogan
Olalla
Olga
Olympia
Omak
Onalaska
Orcas
Orient
Orondo
Oroville
Orting
Othello
Otis Orchards
Outlook
Oysterville
Pacific
Pacific Beach
Packwood
Palisades
Palouse
Paradise Inn
Parker
Parkland
Pasco
Pateros
Paterson
Pe Ell
Peshastin
Plymouth
Point Roberts
Pomeroy
Port Angeles
Port Gamble
Port Hadlock
Port Ludlow
Port Orchard
Port Townsend
Poulsbo
Prescott
Preston
Prosser
Pullman
Puyallup
Quilcene
Quinault
Quincy
Rainier
Randle
Ravensdale
Raymond
Reardan
Redmond
Redondo
Renton
Republic
Retsil
Rice
Richland
Ridgefield
Ritzville
Riverside
Rochester
Rock Island
Rockford
Rockport
Rollingbay
Ronald
Roosevelt
Rosalia
Rosburg
Roslyn
Roy
Royal City
Ryderwood
Saint John
Salkum
Sammamish
Satsop
Seabeck
Seahurst
Seattle
Seaview
Sedro Woolley
Sekiu
Selah
Sequim
Shaw Island
Shelton
Shoreline
Silvana
Silver Creek
Silverdale
Silverlake
Skamokawa
Skykomish
Snohomish
Snoqualmie
Snoqualmie Pass
Soap Lake
South Bend
South Cle Elum
South Colby
South Prairie
Southworth
Spanaway
Spangle
Spokane
Sprague
Springdale
Stanwood
Starbuck
Startup
Stehekin
Steilacoom
Steptoe
Stevenson
Stratford
Sultan
Sumas
Sumner
Sunnyside
Suquamish
Tacoma
Taholah
Tahuya
Tekoa
Tenino
Thornton
Thorp
Tieton
Tokeland
Toledo
Tonasket
Toppenish
Touchet
Toutle
Tracyton
Trout Lake
Tumtum
Tumwater
Twisp
Underwood
Union
Uniontown
University Place
Usk
Vader
Valley
Valleyford
Vancouver
Vantage
Vashon
Vaughn
Veradale
Wahkiacus
Waitsburg
Waldron
Walla Walla
Waller
Wallula
Wapato
Warden
Washougal
Washtucna
Waterville
Wauconda
Wauna
Waverly
Wellpinit
Wenatchee
West Richland
Westport
White Salmon
White Swan
Wilbur
Wilkeson
Wilson Creek
Winlock
Winthrop
Wishram
Woodinville
Woodland
Yacolt
Yakima
Yelm
Zillah